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☆ China coast guard says held maritime enforcement drills with Russia, South Korea
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: 1 min

A China Coast Guard vessel patrols at the disputed Scarborough Shoal April 6, 2017. Picture taken April 6, 2017 REUTERS/Erik De Castro/File PhotoBEIJING, Aug 11 (Reuters) - China's coast guard held joint drills with its counterparts from Russia and South Korea from Aug. 7 to 10, according to an official statement from the China side. Maritime law enforcement from countries including Russia and South Korea took part in the annual North Pacific coast guard drills in eastern Chinese city Ningbo, the Chinese coast guard said in the statement on Friday. The drills targeted drug trafficking at sea. Reporting by Albee Zhang and Ryan Woo; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Erik De Castro, Albee Zhang, Ryan Woo, Kim Coghill Organizations: China Coast Guard, Scarborough, Thomson Locations: BEIJING, Russia, South Korea, China, Pacific, Chinese, Ningbo

☆ China tells Philippines to remove grounded warship in South China Sea
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +2 min

BEIJING/MANILA, Aug 7 (Reuters) - China told the Philippines on Monday to remove its grounded warship from the Second Thomas Shoal in the South China Sea after blocking two Manila supply ships with water cannons over the weekend as both sides asserted their claims of the area. The Philippines in 1999 intentionally grounded the warship to stake its claim to the Second Thomas Reef, a submerged reef that is part of the Spratly islands in the South China Sea. China over the weekend said it had "indisputable" sovereignty of the area and urged the Philippines to stop infringing activities in this waters. Philippines President Ferdinand Marcos Jr. said on Monday that the country continued to assert its sovereignty and territorial rights despite challenges in the South China Sea. China claims sovereignty over almost the entire South China Sea and the Spratly island, which consists of many islets, reefs banks and shoals and lie in the centre of South China Sea and along major shipping lanes.

Persons: Thomas Shoal, Thomas, Ferdinand Marcos Jr, Marcos, Albee Zhang, Neil Jerome Morales Organizations: China, Thomson Locations: BEIJING, MANILA, China, Philippines, South, Manila, Philippine, Spratly, South China, Vietnam, Taiwan, Brunei, Malaysia, Beijing

Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. Investors in China's stock markets, however, were clearly underwhelmed, as Hong Kong's Hang Seng Index (.HSI) dropped roughly 2% over the week, while the mainland's benchmark CSI 300 index (.CSI) eked out a 0.7% gain. But investors are becoming frustrated by the time the NDRC is taking to flesh out stimulus policies, or order measures like a cut in stamp duty - that could help China's ailing property sector, and please investors in stocks and bonds. Even in a best-case scenario, growth over the second half of this year looks set to be modest." Reporting by Joe Cash and Albee Zhang in Beijing; Editing by Himani Sarkar & Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Tingshu Wang, HSI, flexibly, Zou Lan, Xu Tianchen, Joe Cash, Albee Zhang, Himani Sarkar, Simon Cameron, Moore Organizations: People's Bank of China, REUTERS, National Development, Reform Commission, Communist Party's, UBS, Council, Economist Intelligence Unit, Weibo, Capital Economics, Thomson Locations: Beijing, China, BEIJING

☆ China says it is willing to keep talking with US on foreign minister visit
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: 1 min

Flags of U.S. and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/IllustrationBEIJING, Aug 3 (Reuters) - China said on Thursday that it is "willing to maintain communications" with the United States on a possible future visit by Chinese Foreign Minister Wang Yi to Washington, D.C. The U.S. State Department said earlier this week that it had formally invited Wang, but the two sides had not finalised a date. The Chinese foreign ministry did not elaborate further in its statement to Reuters. Reporting by Laurie Chen and Albee Zhang; Editing by Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.

Persons: Florence Lo, Wang Yi, Wang, Laurie Chen, Albee Zhang, Edmund Klamann Organizations: REUTERS, Foreign, Washington , D.C, U.S . State Department, Thomson Locations: China, BEIJING, United States, Washington ,

☆ China to make holders of more than 1 mln users' data get annual audits
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +1 min

A man walks past an office of the Cyberspace Administration of China (CAC) in Beijing, China July 8, 2021. The appointed compliance agency must also evaluate services that own the data of more than 100,000 users, or those with sensitive data of more than 10,000 users, the CAC said. Services that hold data of fewer than 1 million users must undergo a personal information compliance check at least once every two years, the CAC said. China has in recent years tightened controls on data and information, especially data and information that flows abroad. The CAC last year required platform companies with data on more than 1 million users to undergo a security review before listing their shares overseas.

Persons: Thomas Peter BEIJING, Albee Zhang, Brenda Goh, Robert Birsel Organizations: Cyberspace Administration of China, CAC, REUTERS, Services, Thomson Locations: Beijing, China

In his address, Xi said the military must broaden its combat capability and readiness, the official Xinhua news agency reported. "We need to push for new equipment and new forces to accelerate forming combat capabilities and integrate into the combat system," Xi told the Peoples Liberation Army Air Force's western theatre command during a visit last Wednesday, Xinhua reported on Sunday. Marking the anniversary on Tuesday, an editorial in the official PLA Daily newspaper said the military had "enhanced its ability to carry out diversified military tasks in a wider space". "When the Chinese military conducts an exercise, it is showing force - it is bestowing or sending a message to other countries," he said. At sea, China is readying its aircraft carriers to extend and assert its power beyond its home waters.

Persons: Xi Jinping, Florence, HONG KONG, Xi, Song Zhongping, Drew Thompson, National University of Singapore's Lee, Thompson, Tsai Ing, Kevin McCarthy, China's J, Shi Yunjia, Greg Torode, Albee Zhang Organizations: Communist Party of China, Military Museum of, REUTERS, People's Liberation Army, PLA, Xinhua, Peoples Liberation Army Air, PLA Daily, National University of Singapore's, National University of Singapore's Lee Kuan Yew, of Public, Reuters, People's, of Army, U.S, House, China Morning Post, Western, Thomson Locations: Beijing, China, HONG, Tuesday's, Russia, United States, U.S, Washington, Taiwan, Japan, Shandong, Fujian, South Korea, Guam

☆ China hosts Russian warships that passed by Taiwan, Japan
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

BEIJING, July 6 (Reuters) - China hosted two Russian warships that had earlier sailed past Taiwan and Japan, and the vessels are expected to hold a joint drill with the Chinese navy during their visit, demonstrating the enduring military cooperation between the two countries. The two frigates - Gromkiy and Sovershenniy - made port at the financial hub of Shanghai on Wednesday, Chinese state television reported. The same ships, which belong to the Pacific fleet of the Russian Navy, passed through waters near democratically governed Taiwan at the end of June. China and Russia have pledged stronger military ties, and on Monday, China's Defence Minister Li Shangfu met with the head of the Russian navy, Admiral Nikolai Yevmenov, in Beijing. Gerasimov was quoted by Tass news agency as saying that the two sides will continue to expand their military cooperation.

Persons: Xi Jingping's, Vladimir Putin, Li Shangfu, Nikolai Yevmenov, Commission Liu Zhenli, Valery Gerasimov, Gerasimov, Albee Zhang, Ella Cao, Ryan Woo, Ben Blanchard, Simon Cameron, Moore Organizations: Fleet, Pacific, Russian Navy, NATO, China's, Commission, Tass, Thomson Locations: BEIJING, China, Taiwan, Japan, Shanghai, Vladivostok, Okinawa, U.S, Moscow, Washington, Asia, Pacific, Russia, Russian, Beijing

☆ Chinese hospital ship to visit Pacific to boost 'responsible' image
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +1 min

"It is to present our image as a responsible big country", navy spokesperson Liu Wensheng said in a statement. China signed a security pact with the Solomon Islands last year and hopes to build similar ties with other Pacific countries. Its foreign minister has said relations with the Solomon Islands can serve as a model. The United States has pledged to triple funding for the region and it opened an embassy in the Solomon Islands in February after a 30-year absence. In May, the U.S. opened an embassy in Tonga and signed a defence pact with Papua New Guinea.

Persons: Liu Wensheng, Solomon, Albee Zhang, Ryan Woo, Robert Birsel Organizations: United, Thomson Locations: BEIJING, China, Kiribati, Tonga, Vanuatu, Solomon Islands, East Timor, United States, Pacific, Australia, New Zealand, U.S, Papua New Guinea

Retail sales - a key gauge of consumer confidence - rose 12.7%, missing forecasts of 13.6% growth and slowing from April's 18.4%. Data ranging from factory surveys and trade to loan growth and home sales have shown signs of weakness for the world's second-biggest economy. China's stock markets rose after the rates cut, with the benchmark CSI 300 gaining 0.6% in early trade, while Hong Kong's Hang Seng Index climbed 1.2%. The sector is expected to grapple with "persistent weakness" for years, dragging on economic growth, Goldman Sachs analysts said this week. The country's biggest banks recently cut their deposit rates to ease pressure on profit margins and encourage savers to spend more.

Persons: China's, Zhiwei Zhang, Bruce Pang, Jones Lang LaSalle, Pang, Hong, Julian Evans, Pritchard, Yi, Goldman Sachs, Albee Zhang, Sam Holmes Organizations: National Bureau of Statistics, Jones, CSI, Capital Economics, Investment, Thomson Locations: BEIJING, Beijing, China, outflows

☆ China's May factory output, retail sales growth miss expectations
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +1 min

[1/2] Employees work on a drilling machine production line at a factory in Zhangjiakou, Hebei province, China November 14, 2018. Analysts polled by Reuters had expected output growth to cool to 3.6% from 5.6% in April. Fixed asset investment expanded 4.0% in the first five months of 2023 from the same period a year earlier, versus expectations for a 4.4% rise. Analysts have cautioned that China's data readings last month may be highly distorted by comparisons with a very weak performance last year, when many cities were under stringent COVID lockdowns. Reporting by Albee Zhang, Ellen Zhang and Kevin Yao; Editing by Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

Persons: Stringer, Albee Zhang, Ellen Zhang, Kevin Yao, Sam Holmes Organizations: REUTERS, Reuters, National Bureau of Statistics, Analysts, Thomson Locations: Zhangjiakou, Hebei province, China, BEIJING

☆ China holds live-fire drills in East China Sea north of Taiwan
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +1 min

BEIJING, June 13 (Reuters) - China began military exercises in the East China sea to the north of Taiwan on Tuesday, including live-fire exercises from warships, as the U.S and its allies conduct their drills in the Western Pacific. China routinely conducts exercises along its coast, though the ones near Chinese-claimed Taiwan often attract the most attention. The drills are near the Dachen islands, which Taiwan controlled until 1955 until being evacuated after other nearby islands were seized by Chinese forces in a bloody battle. China will hold separate exercises in another northern part of the East China Sea until late Wednesday afternoon, the maritime safety agency said. China's East China Sea exercises coincide with a quadrilateral naval exercise in the Philippine Sea that started on Friday involving the United States, Japan, Canada and France.

Persons: Mao Zedong's, Ronald Reagan, Ryan Woo, Albee Zhang, Ben Blanchard, Robert Birsel Organizations: U.S, Safety Administration, East China, China, U.S . 7th Fleet, Thomson Locations: BEIJING, China, East China, Taiwan, Western Pacific, Zhejiang, China's Fujian, Republic of China, Taipei, East, Philippine, United States, Japan, Canada, France

☆ China aircraft monitored US, France, Canada, Japan navy drill - media
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +2 min

BEIJING, June 12 (Reuters) - China deployed a reconnaissance aircraft over Pacific waters east of Taiwan last week that Chinese media said monitored and gathered intelligence on an exercise involving the navies of the United States, Japan, France and Canada. The islands separate the East China Sea from the Philippine Sea, and dot the West Pacific between Japan and Taiwan, which China claims as its territory. The Japanese defence ministry reported a sighting of a Y-9 reconnaissance variant in the Pacific on Thursday. A spokesperson for the Japanese ministry said on Monday it was analysing a piece of equipment attached to the undercarriage of the Y-9 variant that had not been seen before. Days before the quadrilateral exercise, the coast guards of the Philippines, United States and Japan held their first trilateral exercise off the coast of a western Philippine province.

Persons: USS Nimitz, Ronald Reagan, Albee Zhang, Ryan Woo, Tim Kelly, Gerry Doyle, Robeert Organizations: Global Times, U.S, USS, U.S ., U.S . 7th Fleet, Military, South China, Thomson Locations: BEIJING, China, Taiwan, United States, Japan, France, Canada, Ryukyu, Philippine, Beijing, East, Pacific, U.S, South, Philippines, Tokyo

☆ China, Russia launch joint air patrol, alarms South Korea
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +3 min

BEIJING, June 6 (Reuters) - China and Russia conducted a joint air patrol on Tuesday over the Sea of Japan and East China Sea for a sixth time since 2019, prompting neighbouring South Korea to scramble fighter jets. South Korea scrambled fighter jets, according to its military, after after four Russian and four Chinese military aircraft entered its air defence zone in the south and east of the Korean peninsula. An air defence zone is an area where countries demand that foreign aircraft take special steps to identify themselves. Unlike a country's airspace - the air above its territory and territorial waters - there are no international rules governing air defence zones. Since last week, the coast guard of the United States, Japan and the Philippines have held their first trilateral naval exercise in the South China Sea.

Persons: Wang Wenbin, Albee Zhang, Ryan Woo, Liz Lee, Simon Cameron, Moore Organizations: Air Defence, Russian, Thomson Locations: BEIJING, China, Russia, Japan, East China, South Korea, Russian, Ukraine, Beijing, Moscow, United States, Tokyo, India, Australia, Philippines, South China, Taiwan Strait, Chinese, U.S, Taiwan

☆ Nvidia CEO Jensen Huang may visit Shanghai on June 6 - Shanghai Securities News
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: 1 min

SHANGHAI, June 2 (Reuters) - Nvidia Corp (NVDA.O) Chief Executive Jensen Huang may visit Shanghai on June 6, the Shanghai Securities News reported on Friday. Nvidia did not immediately respond to a Reuters request for comment. Reporting by Brenda Goh and Albee Zhang; Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Jensen Huang, Brenda Goh, Albee Zhang, Shri Navaratnam Organizations: Nvidia Corp, Shanghai, Shanghai Securities, Nvidia, Thomson Locations: SHANGHAI

[1/3] A person walks past a show venue of stand-up comedy company Xiaoguo Culture Media Co that has closed its business, in Beijing, China May 19, 2023. "Stand-up comedy has been the last bastion in which people ... can still enjoy entertaining commentary about public life," said Beijing-based independent political analyst Wu Qiang. "After this, the space for stand-up comedy and public expression in general will inevitably keep shrinking." China's comedy scene rose quickly during the COVID-19 pandemic as people spent more time indoors watching viral streamed comedy shows. The most popular were produced by Xiaoguo Culture Media Co, the firm at the centre of the current uproar.

☆ China April industrial output rises 5.6%, retail sales jump 18.4%; below expectations
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +1 min

BEIJING, May 16 (Reuters) - China's industrial output grew 5.6% in April from a year earlier, official data showed on Tuesday, missing expectations by a large margin but accelerating from a 3.9% gain seen in March. Retail sales jumped 18.4%, missing forecasts for a 21.0% increase. It was significantly faster than the 10.6% increase in March and marked the quickest growth since March 2021. Fixed asset investment expanded 4.7% in the first four months of 2023 from the same period a year earlier, versus expectations for a 5.5% rise. Reporting by Albee Zhang, Ellen Zhang and Joe Cash Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

☆ Chinese warships return to West Pacific for live-fire drills
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +2 min

BEIJING, May 16 (Reuters) - Two Chinese warships have ventured into the Western Pacific for live-fire exercises, the military said on Tuesday, shortly after one of China's two aircraft carriers returned from a patrol, in its latest projection of force into more distant waters. The destroyer Dalian and guided-missile frigate Huangshan sailed to an unidentified area of the West Pacific "not long ago" and conducted attack and defence drills, the Southern Theatre Command of the People's Liberation Army said in a statement. "China's aircraft carrier is not a homebody and cannot just stay at home," Song Zhongping, a military commentator with Hong Kong's Phoenix TV, told Reuters, referring to the Shandong. "There will be more and more of these distant sea travels in future. Despite China's military expansion, it could be more than a decade before it can mount a credible carrier threat far from its shores, defence analysts say.

It was well below expectations for a 10.9% increase in a Reuters poll of analysts although it marked the quickest growth rate since September 2022. Retail sales jumped 18.4%, speeding up sharply from a 10.6% increase in March for their fastest increase since March 2021. The growth target for this year is set at a low level, which leaves room for the government to wait and see." China has set a modest growth target of about 5% in 2023, after badly missing last year's goal. ($1 = 6.9121 Chinese yuan renminbi)Reporting by Ellen Zhang, Joe Cash, Albee Zhang and Kevin Yao Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

☆ China's aircraft carrier Shandong returns to home port after show of might
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +2 min

This year, the Shandong has been spotted in the Taiwan strait, the Bashi channel between Taiwan and the Philippines, and even as far as Guam. "The Shandong carrier group, for the first time, in a formation and of scale, went to the waters of the western Pacific," it added. The carrier, commissioned in 2019, has featured prominently in China's military propaganda. During the April drills, China showed extensive images of the Shandong and its fighter jets being launched from the carrier. In March 2022, the Shandong, one of China's two operational carriers, sailed through the Taiwan Strait just hours before the Chinese and U.S. presidents were due to talk.

☆ China forex reserves rise to $3.205 trln in April
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +1 min

BEIJING, May 7 (Reuters) - China's foreign exchange reserves rose more than expected in April, official data showed on Sunday, as the dollar fell against other major currencies. The country's foreign exchange reserves - the world's largest - rose $21 billion to $3.205 trillion last month, compared with $3.192 trillion tipped by a Reuters poll of analysts and $3.184 trillion in March. The yuan fell 0.63% against the dollar in April, while the dollar last month fell 0.94% against a basket of other major currencies. China held 66.76 million fine troy ounces of gold at the end of April, rising from 66.50 million ounces at end-March. The value of China's gold reserves rose to $132.35 billion at the end of April from $131.65 billion at the end-March.

☆ China's Didi sees 2022 revenue hit by COVID, net loss narrows
▼ + stars: | 2023-04-29 | by ( ) www.reuters.com time to read: +1 min

BEIJING, April 29 (Reuters) - Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as the country’s COVID lockdowns and a regulatory crackdown took a toll. Net loss attributable to Didi Global narrowed to 23.78 billion yuan in 2022, compare with the net loss of 49.34 billion yuan in 2021, helped by factors such as investment gains, the report said. Its China mobility business swung to a loss in 2022, though Didi said it has returned to growth this year, citing a rapid recovery in travel across China after the ending of COVID curbs. Its net loss for 2022 included the $1.2 billion fine. ($1 = 6.9110 Chinese yuan renminbi)Reporting by Albee Zhang and Brenda Goh; Editing by Lincoln Feast.

☆ Tickets to popular China tourism sites sold out as Labour Day holiday begins
▼ + stars: | 2023-04-29 | by ( ) www.reuters.com time to read: 1 min

BEIJING, April 29 (Reuters) - Passenger travel on the first day of China's five-day Labour Day holiday surged 151.8% from the same day last year, state broadcaster CCTV reported on Saturday. The number of air, road, waterway and railway trips rose to 56.99 million on the first day of the holiday that runs through Wednesday, CCTV said. Tickets to some popular tourism sites in China had almost sold out during the holiday. Tickets for Beijing's Badaling Great Wall sold out for May 1 and 2. Tickets for Shanghai Disney had sold out through Tuesday and tickets for Beijing's Universal Park sold out through Monday, China's national radio reported on Saturday.

☆ China's CATL unveils condensed matter battery to power civil aircraft
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +1 min

SHANGHAI, April 19 (Reuters) - Chinese battery giant CATL (300750.SZ) on Wednesday unveiled a condensed matter battery that it said could supply enough energy to power electric passenger aircraft for civil aviation use. CATL will also be able to start mass production of the condensed matter battery for electric vehicle uses later this year, Wu added. Condensed matter technology is being embraced by battery makers competing to develop new materials to improve energy density of the current generation of lithium-ion batteries, which is under 300 Wh/kg. Chinese electric vehicle (EV) maker Nio (9866.HK) is planning to power its ET7 cars with a semi-solid state battery with 360 Wh/kg energy density developed by Beijing Welion New Energy Technology. Reporting by Zhang Yan, Albee Zhang and Brenda Goh Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

☆ China industry minister: can provide vast market for companies like Intel
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: 1 min

BEIJING, April 13 (Reuters) - China's industry minister told Intel CEO that China can provide a vast market for multinational companies such as Intel, the ministry said in a statement on Thursday. In a meeting in Beijing on Wednesday, Jin Zhuanglong told Intel CEO Patrick Paul Gelsinger that China highly values the development of advanced manufacturing industry and will provide good conditions for foreign investments. Reporting by Albee Zhang and Liz Lee; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

☆ China vice president tells Intel CEO to take root in China - state media
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: 1 min

BEIJING, April 12 (Reuters) - China's Vice President Han Zheng told Intel's (INTC.O) CEO on Wednesday to take root in China to help maintain the stability of the global industrial supply chain, state radio reported on Wednesday. In a meeting in Beijing, Han told Intel CEO Patrick Paul Gelsinger that multinational companies need to "overcome difficulties and challenges" to promote better global cooperation, according to the report. Reporting by Albee Zhang and Ryan Woo; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

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